Geminus Acquisition & Management

Geminus Acquisition & Management has built an ecosystem of companies over the past ten years that focus on lending to businesses and consumers throughout the credit spectrum.

Currently, Geminus and its founder are involved in six various funding platforms that provide financing in prime and non-prime equipment leasing, subprime and luxury auto lending in Canada, as well as financing within the bitcoin industry in both Canada & the United States.

Geminus has a team with decades of experience in founding funding platforms, as well as investing & providing management support to non-bank lenders.

Focus

Acquisition and investments are only considered within the private lending space and opportunities must be:

  • complementary to the existing portfolio companies;
  • have positive cash flow or the possibility of positive cash flow in the near term and;
  • Geminus must be able to use its expertise to increase the intrinsic value of the funding platform.

Platforms

arundel-horizontal-logo

Arundel Capital Corporation provides true asset-based leasing to clients throughout Canada for the acquisition of revenue producing industrial equipment.

Stride Capital is a Western Canadian based equipment financing and leasing provider that blends modern finance products with a common-sense lending model. As a direct lender, we analyze your business to find a solution that works best for you today and as your company grows.

Recently acquired by NYDIG in 2021, Arctos Capital is a technology-driven commercial lender that provides financing solutions to bitcoin holders, investors, and mining businesses.

Sonoma Capital is a coast-to-coast Canadian small-ticket equipment financing and leasing provider offering a full range of financing services to equipment sellers in the prime credit space. Sonoma is headquartered in Calgary, Alberta, with offices in Montreal and Winnipeg, and a Canada-wide sales force and broker network.

solution-financial-logo

Founded in 2004, Solution Financial provide alternative leasing solutions to primarily affluent immigrants and international students, who cannot obtain leasing terms with traditional Canadian banks. Their unique equity-value leasing structures allow for flexibility and proactive upgrades not typically provided by traditional leasing companies.

Rhocore is a private debt investment vehicle designed to create a portfolio of debt and debt-linked return streams. Each Series investment is a legally ring-fenced asset pool with a focus on creating a diversified pool of assets by duration, sector, liquidity, risk, and yield; with an aim to provide investors with reliable ongoing cash distributions.

Timeline

1992

Founded Mercado Capital

Sold Mercado Capital ($110AUM) to a Canadian credit union who continues to operate the business

2007
2012

Co-Founded

Co-Founded

2016
2016

Co-Founded Rhocore Income Trust

arctos-capital-logo

Co-Founded Arctos Capital

2018
2018

Investment & Management Agenda

Named Chairman of the Board

2020
2021

NYDIG Announces Acquisition of Arctos Capital

Geminus Announces Launch of Sonoma Capital

2022

People

Randy Smyth
CEO

Randy is a well-respected leader and entrepreneur within the financial services sector and has over 35 years of experience building national financial leasing companies. In 1992, Randy founded Mercado Capital Corporation and grew the company to a portfolio of +$100 million before selling it in 2007. In 2012, he founded Arundel Capital and has since established Stride Capital, Rhocore Income Trust, and Arctos Capital (sold in 2021 to NYDIG). Randy and the employees within the Geminus ecosystem continue to manage and grow a portfolio in excess of $250 million AUM.

Randy currently serves as the CEO for both Arundel Capital and the Stride Capital, and also sits as Chairman of the Board for Solution Financial.

Aaron Van Hoevelaak
CFO

Aaron is a partner with Geminus and has 20 years’ experience in the lending and leasing industry. Aaron demonstrates superior knowledge in all aspects of financial accounting, forecasting, financial statement preparation, policy and procedure development, and stakeholder reporting.

More recently, Aaron was named President of Arundel Capital Corporation.

Jason Patterson
CIO

Jason is the Chief Investment Officer at Geminus. With over 30 years’ experience in risk and finance, Jason maintains a proven ability to exceed the goals set out in our corporate and entrepreneurial environments.

Jason’s expertise lies in analyzing credit and portfolio risk, the development and implementation of risk, as well as investment and compliance policies and procedures.

Lauren Smyth
Director

Lauren Smyth is a successful businesswoman with a background in sales & marketing. She has worked in many industries including the office furniture, insurance industry and retail sales distribution. Since the sale of Mercado Capital in 2007, Lauren has been actively involved in managing the Smyth Family Trust and its investments through Arundel Credit Corporation and Geminus Acquisition and Management Inc.

Press

Sonoma Capital Appoints Michael Dubowec as President

September 6, 2022 – Sonoma Capital Corp. announced that Michael Dubowec has been appointed President and will lead the business in vision and strategic growth.


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Solution Financial Reports Q3 2022 Financial Results

“September 13, 2022 – This quarter really showed the resiliency of our business model as we stayed focused on our core leasing services despite continued economic challenges” – Bryan Pang, Solution Financial CEO.


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Sonoma Capital Opens New Office in Winnipeg, Manitoba

September 14, 2022 – Sonoma Capital Corp. announced the opening of their new office in Winnipeg, MB.

“This new facility allows for collaboration among all of our staff and for Sonoma Capital to support the growth of our customers” Michael Dubowec – Sonoma Capital President.


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